Bird River Resources Inc. (BDR:CSE) (“BDR” or the “Corporation”) reports that, at the 2017 Annual and Special Meeting of shareholders held in Winnipeg on April 19, 2018, all matters set forth in the management information circular were approved by the shareholders. Jon Bridgman (CEO), Ed Thompson (Secretary Treasurer), Donal Carroll, Ty Pfeifer and David Walters were elected to the board of directors for the 2018 fiscal year. Also, the shareholders approved the re-appointment of Magnus LLP Chartered Professional Accountants as the Company’s auditors.
During the AGM Mr. Bridgman discussed the Company’s previous news release dated April 11, 2018 that announced the Canadian Securities Exchange (the “CSE”) advised the Company that trading of the Company’s shares on the CSE has been temporarily halted pending the Company providing the CSE with additional disclosure with respect to its previously announced acquisition of High Point Oil Inc. Management is preparing a response to meet all compliance requirements, ensuring trading will resume as quickly as possible.
Management would like to continue to stress that the cease trade does not impact day to day operations. Drilling locations have been selected and are being licenced. Drilling will commence as soon as the ground dries up after an extended and harsh Alberta winter. The capital required for this drilling program has been set aside by the company.
About Bird River Resources Inc.
Established in 1958, Bird River Resources Inc. is a Canadian natural resources company focused on three verticals within the energy sector; Oil & Gas, Cogeneration and Technology. The Oil & Gas vertical was recently expanded through the acquisition of High Point Oil Inc. and focuses on the acquisition, exploration and development of petroleum and natural gas in the Western Canadian Basin. The cogeneration vertical is a joint venture with Divestco focused on the conversion of natural gas to electricity at exceptionally low rates. The Technology vertical focuses on the application of technologies such as blockchain to identified opportunities within the energy and technology sectors, including the establishment of a leading, ultra low-cost cryptocurrency mining centre through a partnership with Divestco.
Additional information on the Company is available on its websites at birdriverresources.com and highpointoil.net, and on SEDAR at sedar.com.
For further information, contact:
Bird River Resources Inc. (birdriverresources.com)
Jon Bridgman, CEO
Bird River Resources Inc.
204-589-2848
This news release is for information purposes only and no statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities and may contain forward looking statements that are based upon current expectations or beliefs as well as a number of assumptions about future events and words such as may, should, could, will, expect, anticipate, estimate, believe, intend, project should not be taken out of context.
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